WalMart Online Sales Surge in Battle With Amazon But Guides Lower


$WMT said its 2Q18 EPS was positively impacted by 5 cents from the sale of the Suburbia business in Mexico. Continued investment in e-commerce and technology resulted in a 13 basis points increase in operating expense, as a percentage of sales, during the quarter.

The company expects comparable store sales to grow between 1.5% and 2% in 3Q18.